OMX Sets Sights on Eastern Europe


Swedish exchange operator and technology provider OMX Group could quickly expand its presence as a data and technology provider in Eastern Europe if it completes a proposed €4.2 million acquisition of Slovenia's Ljubljana Stock Exchange.

The offer, which is valid until Jan. 22, 2007, would see OMX strengthen its data and technology franchise in the region because LJSE offers its trading system, dubbed BTS, to five other Eastern European exchanges.

The exchanges using LJSE's BTS system include

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